Cassandra J. Brown - 21 Jul 2022 Form 4 Insider Report for CULP INC (CULP)

Reporting relationship: President, Culp Home Fashions
Issuer ticker: CULP
Reported as of: 21 Jul 2022
Net transaction value: -$4,972
SEC form: 4
Accepted by SEC: 22 Aug 2022, 17:01:41 UTC
Prior SEC filing: 26 Jul 2021
Source filing: View source filing
Reporting owner signature: /s/ Ashley C. Durbin, Attorney-in-Fact

Key filing fact

Cassandra J. Brown filed Form 4 for CULP INC (CULP) on 22 Aug 2022.

Key facts

This page summarizes Cassandra J. Brown's Form 4 filing for CULP INC (CULP).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 22 Aug 2022, 17:01.

Change

Previous filing in this sequence was filed on 26 Jul 2021.
Current net transaction value: -$4,972.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CULP transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +3,414
Change %: +35%
Price: $0.000000
Shares after: 13,139
Date: 21 Jul 2022
Ownership: Direct

CULP transaction

Common Stock

Tax liability

Transaction value: $4,972
Shares: -975
Change %: -7.4%
Price: $5.10
Shares after: 12,164
Date: 21 Jul 2022
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CULP transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: +3,414
Change %: +15%
Price: $0.000000
Shares after: 26,198
Date: 21 Jul 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,414
Exercise price: $0.000000
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Contingent right to receive restricted stock units.

Footnote F2

These restricted stock units represent the right to receive 3,14 shares of Culp, Inc. common stock based on the reporting person remaining employed by the company as of the end of a three year vesting period, as described in the award agreement.